Wihlborgs Fastigheter AB (OTCPK:WIHLY)
$ 6.38 0 (0%) Market Cap: 1.96 Bil Enterprise Value: 4.64 Bil PE Ratio: 474.76 PB Ratio: 1.35 GF Score: 82/100

Q2 2021 Wihlborgs Fastigheter AB Earnings Call Transcript

Jul 12, 2021 / 07:00AM GMT
Release Date Price: $9.09
Operator

Hello, and welcome to Wihlborgs Fastigheter AB Q2 Report 2021. Today, I'm pleased to present Arvid Liepe, CFO; and Ulrika Hallengren, CEO. (Operator Instructions) I'll now hand over to the speakers. Please begin.

Ulrika Hallengren;publ;CEO
Wihlborgs Fastigheter AB

()-

Thank you. So welcome to the presentation of Wihlborgs' first half 2021.

We start with a summary. We have seen a high activity in the market, especially since March, and we have been able to sign leases for SEK 86 million during Q2, which is a high level, especially since that number is the sum of many new leases. I would say that, that is also a sign that the activity is high in many sectors. Rent levels continued to develop in a positive direction, not at a high speed, but still in the right direction. We are still affected by our large divestment from December and still a bit higher vacancy, but improving. Earnings in relation to debt remained strong, and our solid balance sheet and liquidity position means that we also are ready for investment

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